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FINANCIAL EFFICIENCY OF TERTIARY EDUCATION INSTITUTIONS: A SECOND-STAGE DYNAMIC NETWORK DATA ENVELOPMENT ANALYSIS METHOD

机译:高等教育机构的财务效率:第二阶段动态网络数据包络分析方法

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摘要

The overall performance of an organization depends on the operational efficiency of different divisions in a network structure. The organization is really efficient only if each division is operating efficiently. The linkage between divisions is inherently complex and needs to be perused to provide more appropriate solutions for further improvement. Using the advanced dynamic network data envelopment analysis method, this paper investigates divisional efficiency in relation to the overall performance of tertiary education institutions in a network structure. As an illustrative case, the performance of 82 Vietnamese public universities was analyzed for the period 2011-2013. The results indicate that the financial efficiency is 0.826, while the academic efficiency is 0.782. The overall dynamic network efficiency of public universities is 0.804 which strongly correlated with academic efficiency rather than financial efficiency. The second-stage fractional regression analysis is proposed to investigate the effects of contextual factors on the efficiency of the financial division. The findings reveal that enrolment growth, central management and location influence financial efficiency. These findings suggest that more consideration has to be given to government policies by removing enrolment quotas and complicated line management in the context of Vietnamese higher education.
机译:组织的整体性能取决于网络结构中不同分区的运行效率。只有当每个部门有效运营时,该组织才能真正有效。部门之间的连锁本质上是复杂的,需要仔细删除以提供更合适的解决方案以进一步改进。采用先进的动态网络数据包络分析方法,本文研究了与网络结构中高等教育机构的整体绩效的分区效率。作为一个说明性案例,分析了2011 - 2013年期间82个公共大学的表现。结果表明,财务效率为0.826,而学术效率为0.782。公共大学的整体动态网络效率为0.804,与学术效率而非财务效率强烈相关。建议采用第二阶段分数回归分析来调查语境因素对金融部效率的影响。调查结果表明,入学增长,中央管理和地点会影响财务效率。这些调查结果表明,通过在越南高等教育背景下删除入学配额和复杂的线路管理,必须予以更多的考虑。

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